Question: please answer the question i have 3 minutes left for this You are a consultant to a firm evaluating an expansion of its current business.
You are a consultant to a firm evaluating an expansion of its current business. The annual cash flow forecasts (in milions of dollars) for the project are: Based on the behaviour of the firm's stock, you believe that the beta of the firm is 13 . Assuming that the rate of return avalable on riskefree investments is 5% and that the expected rate of return on the market portfolio is 12%, what is the net present walue of the project? (Enter your answers in millions. Round your onswer to 2 decimal ploces. Use minus sign to enter negative answers, if any
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